Latin American Minerals Joins OTCQX International Marketplace in U.S.
TORONTO, ONTARIO -- (Marketwire) -- 09/30/11 -- Latin American Minerals Inc. (TSX VENTURE: LAT)(OTCQX: LATNF) (the 'Company') is pleased to announce the Company's shares will commence trading on the OTCQX International Marketplace ('OTCQX') at market open today, September 30, 2011, under the symbol 'LATNF'. The Company has retained Berns & Berns, Counsellors at Law ('Berns & Berns'), to serve as the Company's Principal American Liaison ('PAL') on OTCQX, who will be responsible for providing guidance on OTCQX requirements and U.S. securities laws.
Miles Rideout, the President and CEO of Latin American Minerals, Inc. stated 'The OTCQX has a reputation for providing U.S. investors with superior liquidity, transparency and information flow through their U.S.-regulated broker-dealers. With Latin American Minerals trading on this prestigious market tier, U.S. investors will have improved access to emerging-market exploration opportunities in South America, and an array of projects in gold, diamonds, base metals and advanced technology resources such as Rare Earths and Niobium. Additionally, we have the highest confidence in Berns & Berns, our PAL, and their ability to support our OTCQX membership.'
R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group said, 'OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards. We are pleased to welcome Latin American Minerals to OTCQX.'
Investors will find current financial disclosure, real-time Level 2 quotes for Latin American Minerals' shares, and further information on the OTCQX by visiting the following websites: www.otcqx.com and www.otcmarkets.com. Latin American Minerals' shares will continue to trade on the TSX.V in Canada under the symbol 'LAT'.
About Latin American Minerals, Inc.
Latin American Minerals Inc. is a well-financed mineral exploration company focused on the acquisition and development of projects in emerging mineral districts within South and Central America. In 2007, the Company identified Paraguay as a significant country for grassroots exploration. The multiple new mineral systems identified in this stable democratic country demonstrate a tremendous breadth of mineral wealth. The Company's Paso Yobai Gold Project, the Itapoty Diamond Project and the Chiriguelo Rare Earths / Niobium Project are all located in Paraguay. The Company's Tendal Zinc / Copper Project is located in Argentina. More information is available on the Company's website: www.latinamericanminerals.com.
About OTC Markets Group, Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's largest electronic marketplace for broker-dealers to trade unlisted stocks. The OTC Link™ platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. The wide spectrum of OTC-traded companies are categorized in three tiers - OTCQX (the quality-controlled marketplace for investor friendly companies), OTCQB® (the U.S. reporting company marketplace for development stage companies), and OTC Pink™ (the speculative trading marketplace) - so investors can identify the level and quality of information companies provide. To learn more about how OTC Markets Group makes the unlisted markets more transparent, informed, and efficient, visit www.otcmarkets.com.
The statements made in this press release that are not historical facts contain forward-looking information that involves risk and uncertainties. All statements, other than statements of historical facts, which address Latin American Minerals' expectations, should be considered forward-looking statements. Such statements are based on management's exercise of business judgment as well as assumptions made by and information currently available to management. When used in this document, the words 'may', 'will', 'anticipate', 'believe', 'estimate', 'expect', 'intend' and words of similar import, are intended to identify any forward-looking statements. You should not place undue reliance on these forward-looking statements. These statements reflect our current view of future events and are subject to certain risks and uncertainties as contained in Latin American Minerals' filings with Canadian securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results could differ materially from those anticipated in these forward-looking statements. We undertake no obligation, and do not intend, to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of any unanticipated events, unless required under applicable securities laws. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Latin American Minerals Inc.
Miles Rideout
President and CEO
Toronto: (1-416) 363-0841 or 902-8558
Argentina: (54-261) 439-9268
www.latinamericanminerals.com
Andreas Curkovic
Investor Relations
416-577-9927